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Market Chatter: Mizuho Financial Group Targets APAC Expansion

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Mizuho Financial Group (TYO:8411) plans to grow its corporate banking operations in South Korea, India, and Australia, aiming for a top-10 spot in global dealmaking, Bloomberg News reported on Friday, citing Joris Dierckx, head of banking for Asia-Pacific.

The financial group seeks a Seoul equity license and plans hiring in Australia and India to meet rising demand for bonds and loans, the newswire said.

Following U.S. and Indian acquisitions, the bank aims to become Asia's top investment bank within five years by boosting equity and M&A work, the publication said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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